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New Oil Discovery in Afghanistan: Looking at Increased Investor Interest and the Geo-Political Implications

GlobalData, Nov 2010, Pages: 12


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New Oil Discovery in Afghanistan: Looking at Increased Investor Interest and the Geo-Political Implications

Summary

The recent oil and gas discoveries in Afghanistan have increased interest about the hydrocarbon potential of the country. The 1.8 billion barrels of oil discovery announced by the Ministry of Mines in Afghanistan has drawn investors’ attention towards the hidden potential the country has. This discovery is in addition to the discoveries during the Soviet Union’s invasion of the 1970s-1980s. Recently, the Ministry of Mines of Afghanistan announced that the country’s mineral potential is $3 trillion and may be more. Going forward, this may reduce Afghanistan’s financing needs from abroad.

Scope

- Analyses the impact of discovery of 1.8 billion bbl of oil reserves and the earlier findings on Afghanistan's economy, the challenges faced, Anlayses Major challenges faced by the country, and the Geo-political impact of neighbouring countries and of the countries looking forward to tap the petroleum potential of Afghanistan.

Reasons to buy

- Understanding the oil and gas potential of Afghanistan, challenges faced by the country and geo-political implication in light of the discovery of 1.8 billion bbl of oil



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